KPMG to lay off less than 4% of US audit workforce, source says

(Reuters) – KPMG will lay off less than 4%, or about 330 people, of its audit workforce in the United States, a source familiar with the matter said on Monday.

“The actions reflect our ongoing focus to align the size, shape and skills of our workforce to the market, while addressing continued low levels of attrition,” a KPMG spokesperson said in a statement via email.

(Reporting by Saeed Azhar in New York and Jaspreet Singh in Bengaluru; Editing by Anil D’Silva)